4 charts, SPX 2 hr, the Macd 65,90,12 has only been higher twice since the 2009 bottom. DJA was the closest to making a new high but didn't, (NDX came very close also). NYMO (and NAMO) is in imminent reversal territory. NYAD is also in reversal territory. As long as we don't make a new high in a Happy Family index(which would mean I'm wrong), I see a 325 point drop straight ahead.
"I may not agree with what you say, but I agree with your right to be wrong."
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